Security Systems News - Video Synopsishttp://www.securitysystemsnews.com/taxonomy/term/3099
enMotorola makes $6.5m investment in BriefCamhttp://www.securitysystemsnews.com/blog/motorola-makes-65m-investment-briefcam
<div class="field field-name-field-blogger field-type-taxonomy-term-reference field-label-hidden clearfix">
<div class="field-items">
<div class="field-item even" property="schema:author dc:creator">Martha Entwistle</div>
</div>
</div>
<div class="field field-name-field-pubdate field-type-datestamp field-label-hidden clearfix">
<div class="field-items">
<div class="field-item even" property="schema:datePublished dc:created"><span class="date-display-single" property="schema:datePublished dc:created" datatype="xsd:dateTime" content="2013-03-13T00:00:00-04:00">03/13/2013</span></div>
</div>
</div>
<div class="field field-name-body field-type-text-with-summary field-label-hidden clearfix">
<div class="field-items">
<div class="field-item even" property="schema:articleBody content:encoded"> <p>Video synopsis provider BriefCam has a brand new $6.5 million investment led by Motorola Solutions Venture Capital, the investment arm of Motorola Solutions.</p>
<p>I spoke to Droro Irani, CEO and president of BriefCam today who told me this is a Round 3 investment for Briefcam, but that Motorola is a new investor and new strategic partner for BriefCam.</p>
<p>Irani is excited about the investment and the fact that Motorola joined “forces with us on the business side.” Motorola signed a worldwide reseller agreement with BriefCam. While the investment arm and business side of Motorola are separate businesses, the deals happened at about the same time, Irani said.</p>
<p>The new funds will be used to expand BriefCam’s presence in the U.S., China, South Asia, and other locations where Motorola has a presence.</p>
<p>BriefCam has “a lot of customers on the safe city [vertical] in the U.S.,” Irani said. He expects Motorola to introduce BriefCam to its many customers who work on “similar government-related projects,”</p>
<p>BriefCam’s flagship product is the Video Synopsis solution which enables the quick review, analysis and indexing of video surveillance footage.</p>
<p>Irani said BreifCam has had a lot of success in the U.S. and China with its “on demand” concept.</p>
<p>“The mindset and technology is still led by the U.S., and in China, there’s been a dramatic increase in the use and budget [for] public safety [installations],” he said.</p>
<p>The company has “several installations that include thousands of cameras and the new architecture allow us … to support really big installations like those that are typical in safe city installations,” he said. On the commercial side, BriefCam is looking to grow in the hospital, higher ed and critical infrastructure verticals. BriefCam and partners will be showcasing its solutions at ISC West, he said.</p>
<p>The funding round included participation from all of BriefCam’s exisiting investors. Another new investor is Hebrew University. “In a way it closes the circle,” Irani said. “Our IP comes out of Hebrew University and now [the university’s fund] decided to join in.”</p>
<p> </p> </div>
</div>
</div>
<span property="dc:title" content="Motorola makes $6.5m investment in BriefCam" class="rdf-meta element-hidden"></span>Wed, 13 Mar 2013 22:10:22 +0000SSN Editor16205 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/blog/motorola-makes-65m-investment-briefcam#commentsBriefCam will be on-demandhttp://www.securitysystemsnews.com/article/briefcam-will-be-demand
<div class="field field-name-field-subtitle field-type-text field-label-hidden clearfix">
<div class="field-items">
<div class="field-item even">Video synopsis company announces new model and Pivot3 partnership</div>
</div>
</div>
<div class="field field-name-field-pubdate field-type-datestamp field-label-hidden clearfix">
<div class="field-items">
<div class="field-item even" property="schema:datePublished dc:date"><span class="date-display-single" property="schema:datePublished dc:date" datatype="xsd:dateTime" content="2011-08-18T09:45:48-04:00">08/18/2011</span></div>
</div>
</div>
<div class="field field-name-field-blogger field-type-taxonomy-term-reference field-label-hidden clearfix">
<div class="field-items">
<div class="field-item even" rel="schema:author dc:creator">SSN Staff</div>
</div>
</div>
<div class="field field-name-body field-type-text-with-summary field-label-hidden clearfix">
<div class="field-items">
<div class="field-item even" property="schema:articleBody content:encoded"><p>NEVE ILAN, Israel—BriefCam will introduce a new on-demand model of its Video Synopsis software at next month’s ASIS conference, said company CEO Dror Irani.</p>
<p>
The Israel-based company, which last week announced a partnership with Pivot3, believes the ability for end users to create on-demand video synopses will offer easier access to “business intelligence” and reduce the amount of hardware needed compared to a traditional video surveillance and analytics model, according to Irani. </p>
<p>
Where a guard may have monitored several screens at once, BriefCam’s software compresses several hours of footage into clips that can be reviewed in a manner of minutes. But why create the synopsis if no one needs them? Irani says that’s where the on-demand model comes in. “We don’t generate them when you don’t need it,” he said, “which comes in handy in business.”</p>
<p>
The on-demand synopsis could also be requested, accessed and viewed by others in the company who could harness the business intelligence and boost its return on investment, such as marketing employees in the retail sector who could use it to identify highly trafficked areas of a store.</p>
<p>
With the new product, “the real change in the concept is going from continued processing to on-demand processing,” Irani said.</p>
<p>
BriefCam estimates that about 20 percent of cameras require video synopsis for immediate response. The new on-demand function means the end user can cost-effectively cover the remaining 80 percent of the cameras. “Taken together (both ongoing and on-demand functionality), the new product, to be announced at ASIS 2011, will provide video synopsis coverage to 100 percent of installed cameras,” according to Briefcam’s Rachel Neiman. </p>
<p>
BriefCam’s newly announced partnership with Pivot3 “will provide unique functionality and cost savings as it reduces the manpower spent on video review,” Lee Caswell, founder and chief strategy officer of Pivot3, said in a statement. </p>
<p>
<em>—Martha Entwistle contributed to this report</em></p>
<p>
</p>
</div>
</div>
</div>
<span property="dc:title" content="BriefCam will be on-demand" class="rdf-meta element-hidden"></span>Thu, 18 Aug 2011 13:45:48 +0000legacy_editor14874 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/article/briefcam-will-be-demand#comments